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March 2017

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Biomass power plant foundation stone laying ceremony in Szabadegyháza | souece: alternativenergia.hu

New biomass power plant to be built in Hungary

D&T
Mar 31, 2017

The foundation stone for Hungrana Ltd.’s latest biomass power plant has been laid in Szabadegyháza, this Friday. Hungrana’s existing biomass power plant burns 60,000 tons of hay and 12-15,000 tons of sunflower husk pellets annually.

Austria-Hungary cross-border development announced | source: Landesmedienservice Burgenland via kormany.hu

Austrian-Hungarian cross-border project

D&T
Mar 30, 2017

A concept regarding an Austrian-Hungarian cross-border railway network and road infrastructure development has been presented in Parndorf in Burgenland, the Austrian province bordering on Hungary. Six new road transport routes will also be built.

The Central European University in Budapest | source: Google Maps

US Embassy concerned about Hungarian gov't plan

D&T
Mar 29, 2017

The Chargé d’Affaires of the U.S. Embassy in Budapest, David Kostelancik has issued a statement, saying that his country is very concerned about the legislation pthat would severely impact the operations of the Central European University in Budapest.

Hungarian physicist Illés Farkas | source: mta.hu

Hungarian researcher given Austrian science award

D&T
Mar 27, 2017

This year’s Ignaz Lieben Award of the Austrian Academy of Sciences has been given to Hungarian physicist Illés Farkas, a researcher from the Statistical and Biological Physics Group of the Hungarian Academy of Sciences in Budapest.

ZF plant in Eger

ZF expansion with government cash support

D&T
Mar 24, 2017

ZF, one of the largest automotive suppliers worldwide, and strategic partner of the Hungarian Government, has announced that its Car Powertrain Division invests nearly EUR 100 million in its Eger location (east of Budapest), creating 770 new job until 2019.

The Kõbánya reservoir in Budapest | Zoltán Balogh / MTI

World Water Day in Hungary

D&T
Mar 22, 2017

The reservoir in Budapest's 10th disctrict was opened to the public this Wednesday as March 22 is World Water Day (as declared by the United Nations in 1993). This reservoir is an important source of drinking water people in the Hungarian capital.

Portuguese tiles at the Deák tér metro station in downtown Budapest | Dávid Harangozó

Mutual attraction

In the Diplomacy&Trade series WittyLeaks, whihc presents the private expoeriences of ambassadors accredited to Budapest, the Portuguese ambassador's recent article forcused on diverse connections between Portugal and Hungary.

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EBRD-Hungary working group

D&T
Mar 20, 2017

The European Bank for Reconstruction and Development (EBRD) and the Hungarian authorities have agreed to set up a working group to analyse the impact on the banking sector of the recent amendment of the Judicial Enforcement Act.

Christopher Hunley

GSK to launch new development in Hungary

D&T
Mar 16, 2017

GlaxoSmithKline (GSK) is launching a development worth EUR 57 million in its Gödöllõ plant. Upon completion of the investment, the plant will have expanded activity, producing diphtheria and tetanus vaccine (DT and TT) components for new areas of use.

Anniversary medallions commemorating the 200th birth anniversary of Hungarian poet János Arany | Zoltán Máthé / MTI

János Arany Memorial Year

D&T
Mar 3, 2017

In order to commemorate the 200th birth anniversary of Hungarian poet János Arany (born March 2, 1817), the National Bank of Hungary issued gold and silver medallions. The presentation too place in the Sándor Palace in the Buda Castle.

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Hungarian laundry product aims at international success

D&T
Mar 2, 2017

A startup initiative of young Hungarian professionals enters the local market of laundry products and detergents. At first, the 100% Hungarian products will be sold in TESCO stores, then, according to plans, they will also be available in other retails chains.

CEO of RUAG Aerostructures

RUAG expands with new division in Hungary

D&T
Mar 1, 2017

RUAG Aerostructures, a major player in the aerospace industry, opened its new factory in Eger, NE Hungary. It is the Switzerland-based aircraft section producers third plant to complement the ones in Germany and Switzerland.

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